O How many miles of railroad track did the South have before the Civil War 22,000 9,000 111,000 2 How many factories and shops did the North have before the war? 3,400,000 21,000 111,000 How much money did the South have compared to the North before the war? more less the same amount of 4) How many horcoc did th
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- What is the biggest, most important political issue in philippines?Two countries, Korea and Vietnam, are engaging in international trade.They produce two goods: automobiles and cloth. We observe a relativeabundance of cheap labor in Vietnam and a relative abundance of capitalin South Korea. a. Assume that automobiles are capital-intensive and cloth are cheaplabor-intensive. Using the Hecksher-Ohlin theory, explain what willhappen in trade between these two countries, in terms of export andimport. c. Draw a graph that shows the above situation in South Korean economy with a P P F and two relative prices (one before trade and theother after trade). The quantity of automobiles (QAuto) is on thehorizontal axis and the quantity of cloth (QCloth) is on the verticalaxis.1. What went economically wrong in the Central Eastern European states and in the USSR?
- Making Policy Quick Check Use the drop-down menu to complete each statement. The goal of economic foreign policy is to manage and commerce between natio If a nation adopts a protectionist approach to foreign economic policy, this means it is safeguar industries. If a nation pursues free trade, this means it is placing a priority on Previous ActivityConsider the following Ricardian model with 2 countries and 2 goods. The table below provides information on the size of countries' labor force and their productivity in producing each good. India China 350 60 Labor Supply workers workers Juice 3 workers 7 workers Тea 2 workers 5 workers What country has absolute advantage in producing juice? Why? What country has comparative advantage in producing juice? Why? Edit View Insert Format Tools Table 12pt v Paragraph v B I U Av 2 ...What is global communication?